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OLE THORUP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLE THORUP ApS
OLE THORUP ApS (CVR number: 26624827) is a company from GRIBSKOV. The company recorded a gross profit of 927.4 kDKK in 2025. The operating profit was 629.2 kDKK, while net earnings were -1204 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was -15.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. OLE THORUP ApS's liquidity measured by quick ratio was 7.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 867.46 | 878.54 | 944.94 | 982.41 | 927.35 |
| EBIT | 750.54 | 761.62 | 828.02 | 759.24 | 629.17 |
| Net earnings | 1 148.46 | 547.04 | 1 498.47 | 658.78 | -1 204.00 |
| Shareholders equity total | 6 030.74 | 6 463.38 | 7 844.05 | 8 380.82 | 7 041.82 |
| Balance sheet total (assets) | 15 813.78 | 15 081.58 | 16 237.15 | 16 880.18 | 14 991.46 |
| Net debt | 4 116.65 | 3 892.81 | 4 054.74 | 2 838.74 | 2 577.33 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 10.4 % | 6.2 % | 15.1 % | 11.5 % | 11.3 % |
| ROE | 20.8 % | 8.8 % | 20.9 % | 8.1 % | -15.6 % |
| ROI | 11.5 % | 6.6 % | 15.4 % | 11.9 % | 11.7 % |
| Economic value added (EVA) | - 111.23 | - 142.65 | - 138.99 | - 295.25 | - 121.31 |
| Solvency | |||||
| Equity ratio | 38.1 % | 42.9 % | 48.3 % | 49.6 % | 47.0 % |
| Gearing | 138.5 % | 124.1 % | 99.5 % | 90.8 % | 104.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.5 | 8.2 | 11.2 | 7.8 | 7.9 |
| Current ratio | 3.5 | 8.2 | 11.2 | 7.8 | 7.9 |
| Cash and cash equivalents | 4 235.08 | 4 128.94 | 3 748.92 | 4 771.22 | 4 746.09 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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